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If you're looking to form an LLC, a corporation, or any kind of business it can seem overwhelming at first. Getting a registered agent can help you manage your new business and take a huge weight off your shoulders.
This article will cover everything you need to know about getting a registered agent, what they do, and how it helps.
What is a Registered Agent?
Registered agents are a responsible third-party that are available to receive service of process notes, official correspondence including correspondence from the Secretary of State, and any other official notifications.
Usually, they are responsible for receiving tax forms, notice of lawsuits, and other official notifications that are time-sensitive on behalf of your corporation, LLC, or partnership. Registered agents are required to have an address in the state where the business was registered. A P.O. box does not count as a local address since registered agents are required to receive time-sensitive
What Does a Registered Agent Do?
Registered agents essentially provide a point of contact for your business in its registered state. They are there to accept a service of process legal notifications and tax documents. Good registered agents also provide additional services, often including company formations, bookkeeping, accounting, virtual offices, and mail handling.
Not every agent will offer all of these services, but most will offer one or two in addition to acting as a basic registered agent. They are also responsible for accepting legal documents pertaining to any lawsuits or judgments involving your business.
Registered agents come with a lot of benefits. They make the management of your business a lot easier, along with several other core business advantages. They also offer some core protections that help you keep your business and personal life separate.